Between 2013 and 2023, the import of refined palm oil to Sweden displayed notable fluctuations. The steady increase in the early years, reaching a peak in 2014, followed by intermittent decreases and increases, characterizes the import trend. By 2023, the volume stood at 216.91 million kilograms, marking a 2.49% year-on-year growth rate. The growth was more pronounced over the last two years at 2.5% and 2.49%, respectively. Over the last five years (2019-2023), the CAGR was 3.75%. Future forecasts suggest a period of steady growth, with the import volume expected to rise to 242.44 million kilograms by 2028, reflecting a five-year CAGR of 1.77% and a total growth rate of 9.15%.
Future trends to watch for include potential changes in global palm oil supply dynamics, environmental regulations, and shifts in consumer preferences towards more sustainable or alternative oils, which might impact these forecasts.
